What is the global market size of Sustainable E-Commerce Market?

Sustainable E-Commerce Market size was valued at USD 11.29 billion in 2021 and is poised to grow from USD 13.06 billion in 2022 to USD 40.75 billion by 2030, at a CAGR of 15.38% during the forecast period (2023-2030)

Global Sustainable E-Commerce Market Size, Share, Growth Analysis, By Application(Electronics, Food & Beverages), By Component(Solutions and services) - Industry Forecast 2024-2031

Report ID: SQMIG25Z2007 | Region: Global | Published Date: February, 2024
Pages: 262 | Tables: 63 | Figures: 67

Global Sustainable E-Commerce Market Regional Insights

Globally, Europe is estimated to hold the highest global Sustainable E-Commerce market share. Main factors during this growth period are the presence of top market players,increasing demand and others.

Above all, Asia Pacific is expected to grow fastest during the forecast period. The reason for the same is increasing acquisition of Sustainable E-Commerce technology in the region of Asia Pacific and mainly in China and Japan. Penetration of mobile internet in Asia Pacific has doubled in the last few years. In addition, various operators are investing heavily in order to provide services at an affordable price to the consumers, which is likely to boost the demand for Sustainable E-Commerce in the region.

Global Sustainable E-Commerce Market Report Snapshots

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Sustainable E-Commerce Market size was valued at USD 11.29 billion in 2019 and is poised to grow from USD 13.06 billion in 2023 to USD 40.75 billion by 2031, at a CAGR of 15.38% during the forecast period (2024-2031)

Competition in the global Sustainable E-Commerce market is expected to increase during the forecast period because new players are expected to enter in the global market and the number of services compatible with Sustainable E-Commerce will also increase. Currently, only a few key players are providing their services in the global market but these numbers will increase in the upcoming years. 'helloFresh', 'Patagonia', 'veja', 'Amazon', 'Flipkart', 'Lush', '4Ocean', 'Simple switch', 'thrive Market', 'Ten thousand Village', 'ethica', 'The responsible shop - verishop'

In Today's time in terms of package protection, there are innovative alternatives to plastic bubble wraps like paper cushioning, honeycomb wraps, shredder paper or molded pulls to place fragile items on.The major player across the globe are taking steps to improve its packaging selection through at the elimination or replacement of plastic packaging with the paper based and plastic free option alternatives to establish the sustainability in ecommerce sector. Many brands across the globe are putting their best foot forward by informing and encouraging consumers to practice responsible waste management through the power of online platforms. Inform them of local West recycling initiatives and facilities which is leading to the increase of brand loyalty as well as aiding the growth of the sustainable ecommerce market.

Packaging is one of the key factors to establish a sustainable ecommerce business. Therefore, businesses across the globe are using various packaging methods such as biodegradable packaging,Recyclable packaging, compostable packaging, reusable shopping bags, reusable shipping containers.This major trend of using various packaging to establish sustainability has led to the growth of the market.

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Global Sustainable E-Commerce Market Size, Share, Growth Analysis, By Application(Electronics, Food & Beverages), By Component(Solutions and services) - Industry Forecast 2024-2031

Global Sustainable E-Commerce Market Regional Insights

Global Sustainable E-Commerce Market Report Snapshots

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